Momentum Alternative Investments has no exposure to Abante Relative Value Arbitrage Fund

1 Aug

Author: Unknown

Publications: Momentum Investments

Date Publiched: 01 August 2012

On 14 June 2012 Moneyweb reported on Herman Pretorius’ Abante Relative Value Arbitrage Fund (RVAF) and raised questions on how the fund was generating its returns. Since then, the story has evolved.

Momentum Alternative Investments has no association with the Abante Relative Value Arbitrage Fund.

Moneyweb’s original article on 14 June, titled “Former hedge fund boss’s returns questioned”, reported that Polus Capital, an entity associated with Pretorius, had managed certain hedge fund investments for Momentum. Momentum Alternative Investment’s response to this article is attached.

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